Latest / Best of Business / Jamie Mackay: The Country host on NZ red meat exports bringing in more revenue
Transcript
- 0:09Speaker 1: You're listening to a podcast from News Talk zed Be
- 0:12Speaker 1: follow this and our wide range of podcasts now on iHeartRadio.
- 0:16Speaker 2: So what's happened is that today Michael Riddell has written
- 0:21Speaker 2: a blog. Now, if you know Michael Riddell, he was
- 0:23Speaker 2: a former RB and Z staffer. He writes a pretty
- 0:27Speaker 2: well read blog called Croaking Cassandra. A lot of people
- 0:30Speaker 2: around Wellington and Economics read this. He wrote today that
- 0:33Speaker 2: he had had somebody who is an arbien Zed', a
- 0:36Speaker 2: Reserve Bank staffer, had gone touch anonymously and given him
- 0:39Speaker 2: a bunch of information. And what the person had said
- 0:41Speaker 2: is that the reason that Adrian Or eventually quit was
- 0:44Speaker 2: because he had and there's a a bunch of events
- 0:47Speaker 2: happened in the lead up to it. He'd had a
- 0:49Speaker 2: meeting with Treasury on the twenty first of February and
- 0:52Speaker 2: he'd completely lost his call, behaving in a way that
- 0:55Speaker 2: was completely inappropriate and swearing, and that he had then
- 0:58Speaker 2: done exactly the same thing, or roughly the same thing
- 1:00Speaker 2: in a meeting with the Finance Minister Nikola Willis on
- 1:02Speaker 2: the twenty fourth of February, and then on the twenty
- 1:05Speaker 2: seventh of February, three days later, Neil Quickley, as the
- 1:09Speaker 2: board chair, sent an email to Adrian Or which had
- 1:12Speaker 2: attached quote statement of concerns outlining outlining quite a specific
- 1:16Speaker 2: range of concrete and specific issues with the governor's behavior
- 1:22Speaker 2: covering several years, and not about funding. Quickly is reported
- 1:26Speaker 2: to have asked Or to respond, this was my correspondent says,
- 1:30Speaker 2: what triggered Or's resignation. Now, the reason, apparently, according to
- 1:34Speaker 2: this that Neil Quickly can't answer questions about it is
- 1:37Speaker 2: because there was an exit agreement which included gag provisions
- 1:40Speaker 2: of some sort. Now, please do not get the impression
- 1:44Speaker 2: is that Neil Quigley is the bad guy in this situation.
- 1:48Speaker 2: Very much Adrian Or is the bad guy in this situation. However,
- 1:51Speaker 2: Neil Quickly's handling of it has definitely left a lot
- 1:54Speaker 2: to be desired. Because it is one thing to go
- 1:56Speaker 2: out there and say, look, I can't talk about it,
- 1:58Speaker 2: I cannot talk about it, I cannot talk about it.
- 2:00Speaker 2: It is quite another thing to misrepresent the situation by
- 2:03Speaker 2: then going it was a personal decision in the way
- 2:06Speaker 2: that every decision that you make to reside is a
- 2:08Speaker 2: personal decision, and we all know it's not actually a
- 2:10Speaker 2: personal decision. If it is as this corresponden says about
- 2:13Speaker 2: his behavior, it's actually a behavioral decision. Six twenty one
- 2:17Speaker 2: Now Jamie McKay, Host of the Countries with Me, Jamie.
- 2:20Speaker 3: Hello, Good, I Heather cousin, Heather Good to have you back. Hey.
- 2:23Speaker 4: That Michael Radal by the way, has written, I would say,
- 2:27Speaker 4: a wickedly one sided piece in the Listener on our
- 2:30Speaker 4: best and worst finance ministers since the Second World War.
- 2:35Speaker 4: And I think he's been very tough on Bill English,
- 2:37Speaker 4: who's lumbered down the bottom with Grant Robertson and Robert Muldoon.
- 2:41Speaker 4: And I don't know what his political leanings are, but
- 2:44Speaker 4: all the best finance ministers, according to him, come from
- 2:47Speaker 4: the Labour Party.
- 2:47Speaker 2: Oh who was the best? Did he say?
- 2:50Speaker 3: Roger Douglas?
- 2:51Speaker 2: Well can you can you actually argue against that?
- 2:53Speaker 3: Jamie? Well he was. He was a change agent. I'll
- 2:57Speaker 3: give him that.
- 2:58Speaker 4: And farmers have a lot to thank Roger Douglas for,
- 3:00Speaker 4: believe it or not, But unfortunately they stopped for a
- 3:02Speaker 4: cup of tea and Roger.
- 3:04Speaker 2: Not his not his fault, that was David's fault, because
- 3:06Speaker 2: David Good, David got right, was the second best Finance
- 3:10Speaker 2: Minister Michael Cullen.
- 3:12Speaker 3: No, he was third best. Walter Nash.
- 3:15Speaker 4: Walter Nash of course, great grandfather of future New Zealand
- 3:19Speaker 4: first candidate Stuart Nash.
- 3:21Speaker 2: Well there you go, Okay, listen, talk to me about
- 3:23Speaker 2: the red meat experts. What's going on here? Is it
- 3:25Speaker 2: the US still loving our burgers?
- 3:27Speaker 3: Yeah? Hey, can I just get a shameless plug?
- 3:29Speaker 4: And I know you're going to cut me off, but
- 3:30Speaker 4: Nikola Willis is currently meeting with Miles Hurrell and I've
- 3:34Speaker 4: just watched the six pm news she got or not
- 3:37Speaker 4: she Miles Hurrell got breathlessly doorstopped by Mikey Sherman from
- 3:41Speaker 4: One News accusing him of or Fonterra, of hiking up
- 3:46Speaker 4: the price of butter, etc. I just want to add
- 3:48Speaker 4: some balance to this story. Open Country Dairy, our second
- 3:52Speaker 4: biggest dairy company. The chief executive, Mark Delatour, was on
- 3:55Speaker 4: my shows last week.
- 3:57Speaker 3: Here. They're building a new butter factory.
- 3:59Speaker 4: It's about to open an August and the wyecaddow guess
- 4:01Speaker 4: what they're doing with one hundred percent of their butter?
- 4:05Speaker 3: What exporting it?
- 4:07Speaker 4: Because they can make more money overseas than they can
- 4:10Speaker 4: here domestically. So we've got to stop barking at cars
- 4:13Speaker 4: on this one and just realize that the high butter
- 4:17Speaker 4: prices are due to international commodity prices, not Fonterra ripping
- 4:21Speaker 4: anybody off. It's not Fonterra's job to subsidize the market.
- 4:24Speaker 2: Good stuff, Hey, Jamie, thanks very much, Jammy McKay, Hosts
- 4:27Speaker 2: of the Country. By the way one News, not only
- 4:31Speaker 2: did they do all stop Miles Hurrell as he was
- 4:33Speaker 2: walking into the meeting for the you know, walking to
- 4:35Speaker 2: the be High for the meeting with Nikola Willis, but
- 4:37Speaker 2: they also then went live to Mikey Sherman with one
- 4:40Speaker 2: of those banners underneath her and it said Fonterra meeting underway. Now, Now,
- 4:47Speaker 2: I don't I feel like the Finance Minister will be
- 4:50Speaker 2: wildly regretting having ever told us that she's calling them
- 4:53Speaker 2: in for a Please explain on the price of butter,
- 4:55Speaker 2: because we this thing is being hyped beyond what it
- 4:58Speaker 2: possibly can ever result in. And I'll tell you what
- 5:01Speaker 2: press gallery tomorrow are going to be standing there going
- 5:02Speaker 2: and what are you doing about the price butter? What's changing,
- 5:04Speaker 2: what's changing? What's changing? They're hyping everyone up and you
- 5:07Speaker 2: and I know ain't nothing going to change because the
- 5:08Speaker 2: only way to change it is basically for us to
- 5:10Speaker 2: have the export price for Do we want that?
- 5:12Speaker 3: No.
- 5:13Speaker 1: For more from News Talk st B, listen live on
- 5:16Speaker 1: air or online, and keep our shows with you wherever
- 5:19Speaker 1: you go with our podcasts on iHeartRadio